Malaysia: Merchantrade launches Visa multi-currency prepaid card

• Jan 26, 2018

Merchantrade Asia Sdn Bhd (Merchantrade) has launched Merchantrade Money, a Visa multi-currency prepaid card that digitally converts pre-loaded ringgit into multiple currencies using exchange rates decided by the customer.

“In addition to the ringgit, the card currently supports five currencies, namely Australian dollar, pound sterling, Indonesian rupiah, Singapore dollar and US dollar, in addition to the ringgit,” it said in a statement today.

Merchantrade added that it has targeted the card to support 20 currencies by the end of 2018.

Merchantrade Money was developed in collaboration with global payments technology giant Visa, and the multi-currency prepaid card can be used at some 44 million merchants globally.– Bernama

Source: http://www.themalaysiantimes.com.my/merchantrade-launches-visa-multi-currency-prepaid-card/